The Macerich Company Statistics
Total Valuation
MAC has a market cap or net worth of $4.77 billion. The enterprise value is $9.07 billion.
Important Dates
The next estimated earnings date is Wednesday, February 5, 2025, before market open.
| Earnings Date | Feb 5, 2025 |
| Ex-Dividend Date | Nov 12, 2024 |
Share Statistics
MAC has 235.41 million shares outstanding. The number of shares has increased by 0.57% in one year.
| Current Share Class | 225.53M |
| Shares Outstanding | 235.41M |
| Shares Change (YoY) | +0.57% |
| Shares Change (QoQ) | +1.04% |
| Owned by Insiders (%) | 0.64% |
| Owned by Institutions (%) | 93.57% |
| Float | 223.99M |
Valuation Ratios
The trailing PE ratio is 56.58.
| Price/FFO Ratio | 12.56 |
| Price/AFFO Ratio | n/a |
| PE Ratio | 56.58 |
| Forward PE | n/a |
| PS Ratio | 5.57 |
| Forward PS | 5.43 |
| PB Ratio | 1.82 |
| P/TBV Ratio | 1.98 |
| P/FCF Ratio | 17.16 |
| P/OCF Ratio | 17.16 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 25.08, with an EV/FCF ratio of 32.63.
| EV / Earnings | 115.65 |
| EV / Sales | 11.50 |
| EV / EBITDA | 25.08 |
| EV / EBIT | 126.99 |
| EV / FCF | 32.63 |
Financial Position
The company has a current ratio of 0.68, with a Debt / Equity ratio of 1.71.
| Current Ratio | 0.68 |
| Quick Ratio | 0.47 |
| Debt / Equity | 1.71 |
| Debt / EBITDA | 11.79 |
| Debt / FCF | 15.89 |
| Interest Coverage | 0.34 |
Financial Efficiency
Return on equity (ROE) is 3.48% and return on invested capital (ROIC) is 0.64%.
| Return on Equity (ROE) | 3.48% |
| Return on Assets (ROA) | 0.59% |
| Return on Capital (ROIC) | 0.64% |
| Revenue Per Employee | $1.20M |
| Profits Per Employee | $119,713 |
| Employee Count | 655 |
| Asset Turnover | 0.10 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -1.08M |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +29.46% in the last 52 weeks. The beta is 2.50, so MAC's price volatility has been higher than the market average.
| Beta (5Y) | 2.50 |
| 52-Week Price Change | +29.46% |
| 50-Day Moving Average | 19.73 |
| 200-Day Moving Average | 16.75 |
| Relative Strength Index (RSI) | 47.04 |
| Average Volume (20 Days) | 3,544,619 |
Short Selling Information
The latest short interest is 14.27 million, so 6.06% of the outstanding shares have been sold short.
| Short Interest | 14.27M |
| Short Previous Month | 12.94M |
| Short % of Shares Out | 6.06% |
| Short % of Float | 6.37% |
| Short Ratio (days to cover) | 5.63 |
Income Statement
In the last 12 months, MAC had revenue of $788.29 million and earned $78.41 million in profits. Earnings per share was $0.36.
| Revenue | 788.29M |
| Gross Profit | 382.70M |
| Operating Income | 71.41M |
| Pretax Income | -75.04M |
| Net Income | 78.41M |
| EBITDA | 361.59M |
| EBIT | 71.41M |
| Earnings Per Share (EPS) | $0.36 |
Full Income StatementBalance Sheet
The company has $116.48 million in cash and $4.42 billion in debt, giving a net cash position of -$4.30 billion or -$18.26 per share.
| Cash & Cash Equivalents | 116.48M |
| Total Debt | 4.42B |
| Net Cash | -4.30B |
| Net Cash Per Share | -$18.26 |
| Equity (Book Value) | 2.59B |
| Book Value Per Share | 11.12 |
| Working Capital | -172.13M |
Full Balance SheetCash Flow
| Operating Cash Flow | 277.96M |
| Capital Expenditures | n/a |
| Free Cash Flow | 277.96M |
| FCF Per Share | $1.18 |
Full Cash Flow StatementMargins
Gross margin is 48.55%, with operating and profit margins of 9.06% and 10.06%.
| Gross Margin | 48.55% |
| Operating Margin | 9.06% |
| Pretax Margin | 11.08% |
| Profit Margin | 10.06% |
| EBITDA Margin | 45.87% |
| EBIT Margin | 9.06% |
| FCF Margin | 35.26% |